earnings
confidence high
sentiment positive
materiality 0.70
Meridian Corp Q3 net income $6.7M ($0.58 EPS), up 19% QoQ; NIM 3.77%
Meridian Corp
2025-Q3 EPS reported
$1.28
revenue$4,637,000
- Net income of $6.7M ($0.58 diluted EPS), up from $5.6M ($0.49) in Q2 and $4.7M ($0.42) in Q3 2024.
- Net interest margin 3.77%, up from 3.20% YoY; loan yield 7.37%.
- Commercial loans (ex. leases) grew $54.2M or 3% QoQ; total loans $2.16B.
- Nonperforming loans rose to $55.4M (2.53% of loans) from $50.5M; net charge-offs $1.9M vs $3.6M prior Q.
- Quarterly dividend declared $0.125/share, payable Nov 17, record Nov 10.